Amazon’s deal to license a broad range of New York Times content comes with a meaty payday for the publisher: $20 million to $25 million a year, according to people familiar with the matter.

Amazon has agreed to pay at least $20 million to The New York Times Co. for the right to use its journalism to feed the tech giant’s artificial intelligence (AI) capabilities. The deal between the two companies was first announced in May,

Amazon is going to pay The New York Times between $20 million to $25 million per year to use the paper's content to train its AI models.